TENANCY AGREEMENT

THIS AGREEMENT is made this

between the parties hereto being

Landlord and Tenant whose names and particulars are stated in Section I of the Schedule hereto.
WHEREAS:(a)

The Landlord is the registered owner of the premises described in Section II of the
Schedule hereto (hereinafter referred to as The Premises)

(b)

The Landlord agrees to let and the Tenant agrees to rent the said premises for the Tenants
business at a rental and upon the terms and conditions hereinafter contained.

WHEREBY THE PARTIES agree as follows:1.

The Landlord agrees to let and the Tenant shall take the Premises at a monthly rental as
stated in Section III of the Schedule hereto for a term of twenty-four (24) months
commencing on the date as stated in Section IV of the Schedule hereto, such rent shall be
payable monthly in advance within seven (7) days of each month with the first payment
payable upon the execution of this Agreement;

2.

(a)

Prior to execution of this Agreement, the Tenant have paid to the Landlord the sum
as stated in Section V of the Schedule hereto (which the Landlord hereby
acknowledges receipt). The parties hereto hereby expressly agree and covenant that
the said deposit stated in Section VI shall be treated as a security for the observance
and performance by the Tenant of the stipulations, covenants and terms hereinafter
contained to be observed and performed by the Tenant during the Tenancy. The said
deposit shall be deemed to be or treated as payment of two months rental and
the same shall be refundable to the Tenant on termination of this Agreement
provided the Tenant is not in arrears of rental.

(b)

Upon execution of this Agreement, the Tenant shall pay to the Landlord a sum as
stated in Section VI and VII of the Schedule hereto.

3.

The Tenant hereby covenants with the Landlord as follows:(a)

To pay the reserved rent in advance within the first seventh (7 th) day of each month;

(b)

Reasonably maintain the Premises and all Landlords fittings and fixtures (if any) in
tenantable repair (fair wear and tear expected);

(c)

During the tenancy period, the Tenant is required to notify the Landlord two (2)
months in advance before terminating the agreement. However, in the event the
business of the Tenant become not viable due to unforeseen circumstances;

(d)

Upon the determination or sooner determination of the Tenancy the Tenant shall at
its own cost and expense remove from the Demised Premises all movable fixtures
including

partitions, light fittings and electrical apparatus installed by and

belonging to the Tenant provided always that the Tenant shall repair and make good
all damages to the said premises caused by the Tenant during the course or in
consequence of such removal.
4.

The Landlord hereby covenants with the Tenant as follows:(a)

To ensure that the tenant shall always peaceable hold and enjoy the Premises during
the said tenancy without any interrupt by the Landlord or any persons claiming
under or in trust for the Landlord;

(b)

To allow the Tenant at the Tenants own costs to carry out such Renovations as may
be necessary for the Tenants business;

(c)

To pay all quit rent, taxes, assessments and other outgoings which are or may
hereafter be charged or imposed upon the Demised Premises and payable by the
Landlord.

(d)

To maintain and keep the main structure of any building presently erected on
the Demised Premises in good and tenantable repair and conditions throughout the
Tenancy hereby granted.

(e)

That so long as the Tenant shall pay the rental hereby reserved observed and
perform the covenants stipulations and terms on the Tenant's part herein contained
the Tenant shall hold and enjoy the Demised Premises during the Tenancy without
any interruption or disturbance by the Landlord or those lawfully claiming under or
in trust.

5.

The Tenant hereby covenants with the Landlord to observe and perform the following on
the commencement of the Tenancy :(a)

To pay the reserved rental on the days and manner aforesaid;

(b)

To pay and discharge all charges payable for water, electricity and the
conservancy fees, on the said Demised Premises;

(c)

The Tenant shall not do or permit or suffer to be done on the Demised Premises
anything whereby the insurance of the Demised premises may be rendered void
or voidable;

(d)

To keep the said Demised Premises and the electricity and water apparatus therein
and belonging to the Landlord (other than the main structure) in good and tenantable
repair and condition throughout the Tenancy (fair wear and tear and damages by
fire storm and tempest Act of God riot and civil commotion only excepted).

(e)

Not to make alterations or additions to the main structure of any building

erected on the Demised Premises without the written consent of the Landlord
first had and obtained.

(f)

At the determination or sooner determination of the Tenancy quietly to yield up the

Demised Premises in good and tenantable repair and condition.

(g)

To insure at the Tenant's cost and expense fixture, furniture and all properties
belonging to the Tenant against fire.

(h)

Not to use the Demised Premises for any illegal or immoral purpose.

(i)

To permit the Landlord or his agent at all reasonable times after prior notice to the
Tenant to enter the Demised Premises and to view the condition thereof and to do
such works and things as may be required for any repairs, alteration or to any other
part or parts of the said building and forthwith to repair and amend in a proper and
workman like manner any defects for which the Tenant is liable and of which written
notice shall be given to the Tenant or left in the Demised Premises and to pay the cost
of the Landlords agent or otherwise in respect of the preparation of the notice.

(j)

Not to assign sublet or part with the possession of the Demised Premises or any part
thereof without a prior written consent of the Landlord and such consent must not be
unreasonably withheld.

6.

PROVIDED ALWAYS AND IT IS HEREBY AGREED BETWEEN THE PARTIES

HERETO as follows:(a)

In the event of the Premises or any part thereof at any time during the term being

1.

so damaged or destroyed by fire as to render the Premises unfit for use (except
where such fire has been caused by the default of negligence of the Tenant), the
rent must be fairly proportioned thereof according to the tenure and extent of the
damage sustained until the Premises is fit for occupation;

(b)

If the said rental or any part thereof shall be unpaid for twenty one (21) days

after becoming payable (whether formally demanded or not) then in such event it
shall be lawful for the Landlord at any time thereafter to enter upon the Demised
Premises and eject the Tenant's properties from the Demised Premises and
thereupon the Tenancy shall absolutely determine.

(c)

In the event the Tenant wishes to terminate the agreement before the expiry of

two (2) years, a Two (2) months written notice shall be given to the Landlord to
the effect or in lieu of notice, the deposit paid pursuant to clause VI shall be
forfeited absolutely by the Landlord and at the same time to pay all rentals
thereof. On expiration of the Two (2) months period the tenants shall give up
vacant possession of the Demised Premises to the Landlord.

(d)

The Tenant shall observe the terms and conditions of the Deed of Mutual

Covenants entered into between the Landlord and the Developer in the sale and
purchase of the said Premises as forming part of the regulations.

(e)

The Schedule hereto shall form part of this Agreement and shall be read, taken

and construed as an essential part of this Agreement.

SCHEDULE

SECTION I (The Parties)

The Landlord

: TAY CHONG YEN

NRIC NO: 650319-08-5013

The Tenant

: AZMAN BIN MANSOR

NRIC NO: 590529-055291

SECTION II (The Premises)

505 Blok B11,
Seksyen 1 Wangsa Maju,
53300 Kuala Lumpur,
Wilayah Persekutuan

SCHEDULE (Contd)

SECTION III (The Monthly Rental)

Ringgit Malaysia Seven Hundred (RM700-00) only

SECTION IV (The Commencement Date)

SECTION V (Advance Payment)

Ringgit Malaysia Seven Hundred (RM

) only

SECTION VI (Deposit)
Ringgit Malaysia One Thousand Four Hundred (RM1,400-00) (two (2) months deposit)

SECTION VII (Utilities Deposit)

Ringgit Malaysia Five Hundred (RM200-00)

SECTION VIII (Tenure)

Fixed term of two (2) years tenancy with an option to renew for one (1) year at prevailing
market rate.

IN WITNESS WHEREOF that parties hereto have hereunder set their hands on the day and
year first above written.

Signed by the said

LANDLORD

in the presence of:-

.......................................................

TAY CHONG YEN

Signed by the said

TENANT

in the presence of:-

AZMAN BIN MANSOR